So, Deutsche Bank’s US business didn’t make it through yesterday’s stress test due to what the Wall Street Journal (parsing the Fed) describes as, ‘“numerous and significant deficiencies” across several areas of the capital-planning process, including the bank’s ability to identify risks.’

Did those hires happen? Deutsche has 2,259 FINRA registered employees in New York City, and 1,785 NY-based Deutsche employees with publicly searchable resumes list ‘risk’ as a key skill. That looks like a healthy proportion of risk staff. – But maybe it’s not enough.